The afternoon deal: A Neuberger Berman IPO?
AgBank and its IPO price guessing game coupled with an exclusive interview with Neuberger Berman President Joseph Amato are the highlights of the day.
* Even as Neuberger Berman celebrates its first year as a private and independent firm, the money manager’s executives are moving toward an initial public offering. Reuters
* Take a look at Carly Fiorina and Meg Whitman’s dealmaking abilities. WSJ
* Spanish bank Santander shrugged off concerns over a debt crisis at home with the buyout of its Mexican division. Analysts said the deal was no surprise and strategically smart. Reuters
* Healthcare IT company Allscripts plans to buy rival Eclipsys in a $1.3 billion deal. The deal better positions the company to win access to $30 billion of federal funds for the adoption of electronic healthcare records. Reuters
* Survey: “Global investors support U.S. legislation that would raise capital requirements for banks and strengthen consumer financial protection, even as they oppose the so-called Volcker Rule to ban proprietary trading by financial institutions…” Bloomberg
* Not much has changed since the start of the financial crisis with the pay packages at financial companies. The NYT has done a story on this and Reuters added to it with comments from Fed Chairman Ben Bernanke.
* Here’s a visual analysis of the upcoming Chicago Board of Exchange IPO. IPO Candy